Skip to main content

About your Search

20131202
20131210
Search Results 0 to 13 of about 14
in nbc's own steve handelsman. steve. >> reporter: larry, thanks. this was president obama trying to refocus on helping the middle class that he said relative to the rich was in a long, slow slide from the 1970s and seemed to be doing better when housing and wall street got super hot six years ago. >> when the music stopped and the crisis hit, millions of families were stripped of whatever cushion they had left, and the result is an economy that's become profoundly unequal. >> mr. obama in professor mode had stats. america's top 10% now earn half of all u.s. income, up he said from 1/3. ceos he said used to make 20 to 30 times what workers do, now he said make 273 times more and the top 1% of americans who have net worts now 288 times what a typical u.s. family has. >> that is a dangerous and growing inequality and lack of upward mobility that has jeopardized middle class america's basic bargain, that if you work hard, you have a chance to get ahead. >> reporter: he wants at least a higher minimum wage and an extension of emergency unemployment benefits. the president said when bu
of sense. thank you. bill grace, paul howard, thank you, gentlemen. >>> i believe obama care is at best, at its absolute best, a terrible product. it's going to be rejected by the country. the question is, do the republicans have a simple and clear response to it? we have a left/right debate on that subject just ahead. >>> later in the show, his holiness pope francis blasted capitalism and somehow believes that big government statism will solve poverty and inequality. your holiness, what about pope john paul ii's successful campaign to end godless soviet communism? that was the ultimate statism that never worked? don't forget, free market capitalism, the best path to prosperity even for the poor. look how strong the people of the ukraine want free market capitalism. i'm kudlow. we'll be right back. every day we're working to be an even better company - and to keep our commitments. and we've made a big commitment to america. bp supports nearly 250,000 jobs here. through all of our energy operations, we invest more in the u.s. than any other place in the world. in fact, we've invested ove
because a lot of people will take advantage. >> eamon javers, thank you very much. now, even while the obama care failures and embarrassments continue to pile up, when will the administration finally admit that it's time to hit the pause problem until all the problems are fixed or maybe the pause button is not set to work until november 2014. that may be closer to truth. here former obama campaign aide, he was briefed by the obama white house on the health care and grace marie turner, she will be testifying tomorrow on obama health care. what's the thrust of your testimony going to be tomorrow? >> the president has said that oh, we don't need to worry about those 5% of americans, 15 million americans that are losing their health insurance because of individual coverage. he said 85% to 90% of the rest of americans are fine nothing changes for them. what we're talking about is how many changes there are to those in the employer market, 150 million people have coverage through the employer market. and for small businesses and big businesses many of them are going to lose coverage, see
about. larry, back to you. >>> all right, many thanks to bob pisani. now, it looks like more and more like obama care is failing so badly that a bailout is already in the works for the nation's biggest health insurance companies. and that's because of what many are calling the perfect storm. not enough young people enrolling, too many older and sicker people signing up, also there are too many errors in the reporting back end of the health care.gov website. and today, they admitted to the appallingly big error rate. and 65% oppose a rescue for the health insurance industry. you know what, folks. one big bank bailout five yearers ago more than enough, thanks very much. here is independent senior policy analyst hadley heath and with us democratic strategist tracy sefl, lenwood brooks, policy director for public notice and cnbc contributor james pethokoukis of the american enterprise institute. good evening. heather, let me -- let me begin with you. what is up with this? what are they calling it? a corridor. they're calling it a corridor of assistance for the insurance companies. it soun
for the fed next year. >> the honeymoon will be very short, very short honeymoon for her. >> thank you very much. sue? >> ty, president obama speaking today about the wealth gap in the united states. should the wealthy worry? part of the story is how you the american taxpayer is now paying to keep many lower-level banking employees afloat while the executives make much better money and the pope has weighed in on all of this as well. talking about major and possible changes in the way that the american economy work. that's straight ahead on "power lunch." before the break a near-record fine for steelers head coach mike tomlin. $100,000 for interfering with a play against baltimore last week. the steelers coulds also lose a draft pick over all of this. although that hasn't been decided yet. that story straight ahead as well. tdd#: 1-800-345-2550 trading inspires your life. tdd#: 1-800-345-2550 life inspires your trading. tdd#: 1-800-345-2550 where others see fads... tdd#: 1-800-345-2550 ...you see opportunities. tdd#: 1-800-345-2550 at schwab, we're here to help tdd#: 1-800-345-2550 turn insp
. >>> all right. many thanks to carrie wof ford and rick berman. appreciate your points of view. >>> the clock is really ticking on obama care. we know millions of americans have already lost their insurance effective january 1st because of obama care. for those people and anyone else who wants to sign up for new policies and be covered on new year's day, the deadline is actually december 23rd. that's not far away. doesn't say much about the sticker shock of the premiums, even speaker john boehner experiencing that today. take a listen. >> my health insurance premiums are going to double. my co-pays and deductibles triple under obama care. i'm thrilled to death, as you can tell. >> next up, we talk about this fast approaching deadline, sticker shock and the threat to millions of seniors who may also lose their doctors. get ready, folks. we're just minutes away from the first ever "the kudlow report" youth summit. for real college kids, how about that, four real college kids are going to join me live on set to talk about what they think of president obama and obama care and wheth
that he is relying on to finance this whole obama care. they know, p.r. or not, they already know. i think again p.r. is not the problem. >> time will tell for sure. >> no question about it. dominic chu, thanks very much. he will come back later on and talk stock market with me. >>> we have to tell you about another major obama care outrage. despite all that talk from the left about helping people with pre-existing conditions, we have new evidence that it's exactly those kinds of vulnerable folks who may be getting shafted by the new health care law. >>> plus, the truth about skyrocketing deductibles is getting there, too. we have both those stories for you next up. this deductible think, out-of-pocket costs is a killer. so ally bank has a raise your rate cd that won't trap me in a rate. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. al
to be successful. but that's a few months off, guys. >> john harwood for us in washington. thanks very much. president may be pushing new and improved obama care website. once it works, technically, will it be popular and successful policy? >> let's talk with robert wolf sits on president's export councils. he just discussed the affordable care act with the president yesterday. i mean, we all know, it has been a very rough road to begin with for the aca. what can be done to turn the public opinion about it when you have all these technical glitches to begin with? >> no question the technical glitches have made it difficult since the inception. this is 20% of the economy health care. it's not going to happen overnight. for me who's not a health care specialist, i look at three or four things that make it critically important. 3 to 4 million people uninsured, will be insured. the 100 plus people that get preventive care that don't have it and the 125 million plus people that have preconditions that will now have to not worry they won't get insurance. those are the things mo
soto at a time when we want to drive efficient sports cars. the only question i have is, isn't obama care just another one of those? back to you. >> all right, rick, thank you so much. rick santelli in chicago. >>> nobody puts baby in the corner without an -- without an ipad. [ laughter ] stay tuned for this, the latest in toddler technology in just a moment. hi honey, did you get the toaster cozy? yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer ] fedex one rate. simple, flat rate shipping with the reliability of fedex. where does the united states get most of its energy? is it africa? the middle east? canada? or the u.s.? the answer is... the u.s. ♪ most of america's energy comes from right here at home. take the energy quiz. energy lives here. yep. got all the cozies. [ grandma ] with new fedex one rate, i could fill a box and ship it for one flat rate. so i knit until it was full. you'd be crazy not to. is that nana? [ male announcer
and can't get wealthy that i don't think it's a healthy dynamic. >> i think think obama is going to speak on in about 30 minutes' time. >> good. i hope he addresses it. >> dolly, thank you so much. >> thank you so much. >> check out what's happening with deere. the stock is spiking after announcing repurchase of $8 billion worth reberth of 9 we'll call it 93.5 million shares if it could buy back. that's about 25%, simon, of its for you? >> so do new likes equal 2014 in just a moment. ♪ and i don't want to before their gift helped preserve the point... before a credit solution was used to expand their business... before trusts were created for their grandkids' educations... they chose a partner to help manage their wealth... one whose insights, solutions, and approach have been relied on for over 200 years. that's the value of trusted connections. that's u.s. trust. with fidelity's options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity options... evaluate them with our p&l calculator... and execut
. that's moving the stock in the after-hours session. up about 0.25% at 70.13. back to you. >> thank you very much. >>> coming up next, storming the castle. a minimum wage debate backed by president obama could have devastating consequences for one burger chain. a top executive will explain how a move to increase the minimum wage could shudder restaurants and hurt jobs for his chain and others. don't touch that remote. over the next 40 years the united states population is going to grow by over 90 million people, and almost all that growth is going to be in cities. what's the healthiest and best way for them to grow so that they really become cauldrons of prosperity and cities of opportunity? what we have found is that if that family is moved into safe, clean affordable housing, places that have access to great school systems, access to jobs and multiple transportation modes then the neighborhood begins to thrive and then really really take off. the oxygen of community redevelopment is financing. and all this rebuilding that happened could not have happened without organizations like cit
fact we don't know what the world would look like if obama care wasn't implemented. that's a tough argument to make. i just don't see it in the data. >> thanks for joining us this morning and bringing decent numbers along. >> yeah. i'm glad to do it. >> becky, back to you. >> all right. thank you. we'll see you back here soon. well done by steve and mark. >> generated above 200. >> way to go. >> you're doing it. heavy lifting. you go mark. >> he's just reporting that right? >> he's not making numbers up. he's just reporting the numbers he gets. >> that's the bls that makes it up. >>> when we come back. earlier this week we talked about amazon and drones. there's word google is putting money in robots. >>> in the next half hour, we see a legendary film maker of the sixth sense fame. he's going to join us to talk about this country. we'll be right back. >>> you guys are missing out on commercial breaks today. google is reportedly putting money in robots. two life size robots are hanging suspended in a corner of an office there. in the last month, google has acquired seven technology
that it could take some time to figure out how this plays out. in fact, it looks like it will. thank you very much for bringing us the latest there on detroit. apparently not negotiating in good faith. we'll continue to follow the story. >>> coming up, the fallout over obama care. meet the ceo of health insurance marketplace positioning itself as an alternative to healthcare.gov. and also ahead, rick santelli over at the cme. what have you got for us, rick? >> we'll have a very interesting one today. think about interest on excess reserves. that is a hot topic today. a gentleman by the name of simon potter from the new york federal reserve making a statement that's been picked up that lowering or removing that interest rate could throw the money markets in a tizzy, the same money markets that have swelled because of fed programs! we're going to talk about this unintended consequence with chuck biederman. he doesn't know it yet either. we're going to put him in the hot seat. bottom of the hour. [ male announcer ] here's a question for you. if every u.s. home replaced one light bulb with a comp
to the engineer and also examine the tracks and eyewitness accounts, as well. >> mary, thanks very much for joining us this morning. becky? >>> when we come back, bob kerrey on the state of washington, d.c. we're going to talk about everything from obama care to the debt ceiling and whether or not the art of compromise is dead in washington. we have the unique perspective of a former beltway insider right after this. >>> first, though, as we head to the break, let's take a look at the biggest winners and losers on the s&p year-to-date. >>> welcome back, everybody. our guest host this morning, former senator bob kerrey who was the executive chairman for research and scholarship. and bob, we've had you on most of the morning and haven't touched on what's been happening in washington. big headlines this morning from all of the major newspapers focus on what's happening with obama care right now. the "new york times" is claiming that insurers say the health care website is still flawed. the "wall street journal" says that connecticut is considering bypassing some of the back ends just to ch
Search Results 0 to 13 of about 14